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Packaging Technology

Paper and packaging companies have been largely driven by output volume. However, this is no longer sufficient, and new business models and processes can illustrate a successful path into the future. Many organizations are aiming to design a system that better balances demand with production, focuses on profitability, and can also yield a more efficient operations and control system. This transformation requires real-time digital information and control in a digital paper and packaging enterprise.

VIENNA, Austria, May 22, 2015 (Press Release) - MM Packaging Austria with two sites, Vienna and Gunskirchen, Upper Austria, will concentrate its production on the larger facility in Vienna until year-end, securing its future as a high-performance site.

The Gunskirchen plant currently employs 135 employees. Approximately one quarter of the workforce will be offered continued employment in Vienna. Talks with the Works Council are already in progress. A social plan will be elaborated.

HELSINKI, May 25, 2015 (Press Release) -Metso will supply altogether hundreds of valves for Stora Enso's conversion of the Varkaus Mill fine paper machine in Finland to light-weight containerboard. In addition, Metso has carried out an installed base audit of its valves in the recycled fiber plant. The analysis ensures applicability and future performance of the valves in the rebuild. Metso also takes care of the spare part inventory services to the mill.

RICHMOND, VA, May 22, 2015 (Press Release) - MeadWestvacoCorporation ("MWV") and Rock-Tenn Company ("RockTenn") each announced a date for special meetings of their respective shareholders or stockholders to approve the previously announced combination of the two packaging companies. Subject to these approvals and certain regulatory approvals, the merger is currently expected to close on July 1, 2015, at which point MWV and RockTenn will become subsidiaries of WestRock Company, which will trade on the New York Stock Exchange under the ticker symbol WRK.

KETTERING, UK, May 20, 2015 (Press Release) - We are delighted to confirm that following our order for a new 1.8m corrugator earlier this year, the machine is due to be started up at our Wellington plant in the south-west of England during July. The complete line – a Quantum corrugator – is manufactured by BP Agnati, based in Milan, Italy.

ATLANTA, GA, May 20, 2015 (PRNewswire) - Graphic Packaging International, Inc. today announced the appointment of Michael P. Doss as President and Chief Operating Officer, reflecting an expansion of his previous role of COO. Mr. Doss has also been appointed to the Board of Directors of Graphic Packaging Holding Company. He will continue to report directly to the company's Chairman and Chief Executive Officer, David Scheible.

NORTHBROOK, IL, May 21, 2015 (Press Release) - KapStonePaper and Packaging, a leader in packaging and packaging solutions, announced that ongoing investment in its Yakima, WA, plant has topped $10 million to meet increasing demand in the corrugated packaging market in the Northwest.

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RISI is the best positioned and most authoritative global source of forest products information and data. We have a comprehensive digital offering which helps provide understanding and insight for our expanding customer base in this growing market. With over 150 expert industry professionals on our team, we supply the world’s most comprehensive and current data on supply and demand, pricing and costs to customers around the globe.